Topic: [XMR] Monero Speculation - page 1839. (Read 3314350 times)

Every coin (as well as penny stock etc) produces some with this sort of attitude.  Let the evangelists be evangelists.  Examine the platform for what it is and does.  Assign appropriate weight to the value of the community, and consider voices like that one to represent part, not all, of the community.  And then make a decision to become involved, code, invest, speculate, etc.

That is a more balanced way to look at this rather than making decisions based on single outliers.

I'd say this is true for most decisions.

In my humble opinion: unfortunately monero's chance of "death" is much higher than 50% with "death" defined as abandoned, superseded, broken, or otherwise rendered virtually valueless.

Thank you for your post.
In my opinion there are two types of pyramid schemes.
1) Legitimate pyramid schemes
2) Illegitimate pyramid schemes.

The difference is basically the fact that the legit one has a real product/service etc like Monero has. Monero is similar type of pyramid scheme as any real investment has.

The illegitimate one on the contrary is only a game, like ponzi where the lowest part brings the cash, the second level from the bottom gets a slice of the cash and forwards it to higher levels who on their behalf take their share until the top who gets the share of all the incomes.

This! Selling is the wrong word though... IMO you can tell them what your doing with some fascination... but thats it... if they are really interested they will research themself or bugger you...

It´s a difference if you try to sell sth or if there is genuine interest.

Nothing, that's an easy way to make a New Friend into a New enemy. I do tell old friends about opportunities though.

My register date on this forum in July 2013, but my Mtgox and Dwolla register dates are in May, 2011. Which one is more important? Talking or doing?  

Anyway, I was only smart/rich enough to buy a double digit amount. I've corrected that mistake with Monero.

Btw, it turns out that one of my electrical engineer friends heard about bitcoin in 2009-2010 when we were in school together. He never told me :/ He ended up first buying bitcoin in the triple digits.

I speculate that Eddie and I should stop using wide screens when checking forum changes...

No zoom. Standard 100%. I'm getting the same results on an iPad too.

Same for me, although I get a little formatting error on my phone as well.

Actualy it looks fine on my browser, have you set any zoom on your browser ?

I think we might need a little assistance in the formatting department. This is how it looks to me:-



I speculate that good formatting could be a smart move in making the system more user-friendly.  

For those who are interested, some Monero TA at twitter:

https://twitter.com/Pipfoundry/status/620903992139362304

Please trade with caution and do your own due diligence/TA as well!

So you didn't tell your friends about Bitcoin before it was a thing?

Oh wait..."Date Registered:  April 16, 2013."

Sorry your friends didn't tell you about Bitcoin before it was a thing.

Or maybe they tried, only for you to ignore their "magic bean" talk?

The guys I told about Bitcoin in 2011 have been very interested to hear about Monero.

They know I can smell disruption from a mile away.   

also, you're in the speculation thread. For non pyramid/we're-gonna-be-bajillionaires-one-day-how-will-you-spend-your-billions conversations, there are many other places on bitcointalk, its the ANN thread.

https://bitcointalk.org/index.php?topic=583449.25800

There's also the getmonero.org forum, where the funding system has recently blasted off

And of course IRC #monero and #monero-dev

Well, I have to be honest with you: I like Monero mostly because it is scarce/low inflationary and potentially therefore valuable. Money in general doesn't stir up large feelings but I personally try to act rationally.
Therefore as my savings I prefer a pyramid scheme rather than highly inflationary asset class.
I do give the same amount of shit to Monero than to euro/dollar/gold, or sligthly more since Monero is more like a pyramid scheme.
I agree the word "pyramid scheme" might scare some folks though and it is better not to advertise as such but practically speaking it is a fascinating concept to make seemingly abudant (bits on the screen) a scarce pyramid type of scheme.

But I agree, there is also the technological aspect of Monero, too. Personally I am more fascinated the pyramid though as it makes me potentially a wealthy Gentleman in a few years from now.

You are right, but his post reads like a "I don't give a shit about monero but only want to get people join this pyramid so I can cash out and ride a pink elephant."
Don't understand me wrong, I also want to ride a pink elephant but I want to ride it sooner than him.
He doesn't really invite me to join his pyramid by his post, it reads like a scam.

I'm not scared away by one person though.

The pyramid structure is the only way something can be made valuable in general.
Therefore I am fascinated on pyramid schemes (not scams but honest pyramid schemes).
Pyramid structure means, there is a limited amount of assets and the value of the owner's slice increase when more people come in.
Let's consider gold bullion as an example: there is limited amount of gold in existence. When you have a "significiant slice" of world's gold supply (it is not that large since gold in existence is surprisingly scarce), you want others to buy also gold driving the purchasing power of your gold higher and thus you are climbimg in the pyramid to higher levels.
The same analogy applies to stocks, real estates, silver, pink diamonds, old cars, fiat money, you name it - anything valuable.

What would you sell a new friend then?

Immediately coming to mind would be things like a used car, old guns, discounted service in my line of work, gold or other commodities.

All these things are valuable, much like I consider Monero to be valuable.

How could it be wrong to sell someone something with value?

My mindset must be different here, I was under the impression that this will be something that would be with me for at least the next 40 years (as this may be the extent of my lifetime, not sure).

Why would I not want my friends involved in it, or at least discuss it seriously with them? Especially if, I would imagine, i'd feel pretty terrible as I watched them remain paupers while I suddenly find myself surrounded my incredible amounts of value at some point in the future.

Maybe I am wrong, but it's a risk I'd be willing to take for people i'd like to like, personally. Part of me.

If my friends can drone on and on about going to their sports game, going places, listening to their work exploits, games they'd like to play with me, or otherwise, surely I'm in the right to drone on and on about Monero and how i'd like it if they took one or two thousand dollars and threw it into the ring.

I dunno. Guess I'll just have to try it out and see. I mean it's already worked twice so far, with no hard feelings.

Is it wrong that I'm willing to suffer their grief if this all goes sideways? Do I value people too little? Or do I value Monero too little?


Fine, I'll call them people. Sorry if I'm not so personable. It's something I'm workin on. If it came off sounding pyramidy then it's mostly because of the rushed mood i feel like i'm in for no reason at all .. sometimes you just forget that you're talking to real people, ya know? Like, you just want to write things that make sense, but end up writing the dumbest damn things.

Maybe I did it to sabotage myself, because I've got doubts and would rather end up nowhere. I'm tricky like that, stupid brain fighting me the whole way

Guess I can stop typing now?